Polestar partners US startup Cyclic Materials for recycling of rare earth elements

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Circular Economy

Polestar, Cyclic Materials have signed an MoU wherein the companies will work to see the development of recycled magnets for use in Polestar cars

Swedish premium electric vehicle (EV) maker Polestar has signed a memorandum of understanding (MoU) with US recycling startup Cyclic Materials to create closed-loop recycling pathways for rare earth elements (REEs), the carmaker announced on 15 December 2022.

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